Studio / 1 Bath Unit 0807
$1,398/mo
418 ft² · $3.34/ft²
Available: Now
Updated
Groove Lofts Apartments
608 2nd Ave S, Minneapolis, MN 55402, USA
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Live pricing, refreshed
27
Units Listed
$1,398
Starting at
$1,953
Average
$2,336
Highest
$2.00
Per Sq Ft
How does this compare? View Minneapolis 55402 rent trends
Beds
Pricing by Bedroom
Studio
$1,413
from $1,398 · 4 units
~480 sqft avg
1 Bed
$1,716
from $1,564 · 10 units
~778 sqft avg
2 Bed
$2,301
from $2,276 · 13 units
~1,283 sqft avg
Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Timeframe
Property Price Trend
History follows your bedroom selection. Current rent limits and move-in dates do not change past averages.
Units with Price Changes (3)
Last 15 days
Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: stated by the property itself
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).
Est. Monthly Revenue
$389K
$4.7M annual run rate
Est. Occupancy
88%
of about 216 units (reported building size)
Effective Rent on New Leases
$2,059
vs $1,953 current asking
Recent Lease Activity
30 units tracked; 3 assumed leased, 27 listed nowSee which units leased, when they left the market, and the rent they leased at.
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How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
27
Very high availability
15 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
Moderate leverage
Some signals suggest room to negotiate, especially if you can be flexible on move-in date.
Price vs. Minneapolis 55402
Neighborhood The Larking $1,121 HQ Apartments $1,202 Loring Park Apartments $1,270 $1,476
Groove Lofts Apartments $1,398
Soo Line Building City Apartments Comparing 5 apartments in Minneapolis 55402. Click any bar to view that building.
See Minneapolis 55402 rent trends on the Minneapolis, MN map Explore Minneapolis, MN on the interactive map
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Available Units
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Studio / 1 Bath Unit 1008
$1,408/mo
418 ft² · $3.37/ft²
Available: Nov 7, 2026
Up $7 since Sep 29 (was $1,401)
Studio / 1 Bath Unit 1010
$1,408/mo
667 ft² · $2.11/ft²
Available: Nov 7, 2026
Up $7 since Sep 29 (was $1,401)
Studio / 1 Bath Unit 1108
$1,438/mo
418 ft² · $3.44/ft²
Available: Now
Up $7 since Sep 29 (was $1,431)
1 Bed / 1 Bath Unit 0311
$1,564/mo
763 ft² · $2.05/ft²
Available: Nov 7, 2026
1 Bed / 1 Bath Unit 0306
$1,614/mo
663 ft² · $2.43/ft²
Available: Dec 8, 2026
1 Bed / 1 Bath Unit 1005
$1,649/mo
659 ft² · $2.50/ft²
Available: Oct 8, 2026
1 Bed / 1 Bath Unit 0204
$1,649/mo
753 ft² · $2.19/ft²
Available: Oct 8, 2026
1 Bed / 1 Bath Unit 1011
$1,649/mo
763 ft² · $2.16/ft²
Available: Dec 8, 2026
1 Bed / 1 Bath Unit 1302
$1,659/mo
867 ft² · $1.91/ft²
Available: Dec 8, 2026
| Unit | Floor Plan | Details | |||||
|---|---|---|---|---|---|---|---|
| 0807 | | Studio / 1ba | 418 | $1,398 | $3.34 | Now | |
| 1008 | | Studio / 1ba | 418 | $1,408 | $3.37 | Nov 7, 2026 | Up $7 since Sep 29 |
| 1010 | | Studio / 1ba | 667 | $1,408 | $2.11 | Nov 7, 2026 | Up $7 since Sep 29 |
| 1108 | | Studio / 1ba | 418 | $1,438 | $3.44 | Now | Up $7 since Sep 29 |
| 0311 | | 1bd / 1ba | 763 | $1,564 | $2.05 | Nov 7, 2026 | |
| 0306 | | 1bd / 1ba | 663 | $1,614 | $2.43 | Dec 8, 2026 | |
| 1005 | | 1bd / 1ba | 659 | $1,649 | $2.50 | Oct 8, 2026 | |
| 0204 | | 1bd / 1ba | 753 | $1,649 | $2.19 | Oct 8, 2026 | |
| 1011 | | 1bd / 1ba | 763 | $1,649 | $2.16 | Dec 8, 2026 | |
| 1302 | | 1bd / 1ba | 867 | $1,659 | $1.91 | Dec 8, 2026 | |
Unit Details
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Garages and parking
Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.
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Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Minneapolis, MN notes
No resident notes for this property yet.
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Minneapolis 55402 Rent Trends
See how rent prices are changing in Minneapolis 55402 and across Minneapolis, MN.